LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 4, 2023 TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1489 by Tepper (Relating to the issuance of certificates of obligation by local governments.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThere could be an impact on certain units of local government resulting from the limitations the bill would impose on those units' authority to issue certificates of obligation for certain purposes. Source Agencies: b > td > LBB Staff: b > td > JMc, MOc, CMA, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 4, 2023 TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1489 by Tepper (Relating to the issuance of certificates of obligation by local governments.), As Introduced TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1489 by Tepper (Relating to the issuance of certificates of obligation by local governments.), As Introduced Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1489 by Tepper (Relating to the issuance of certificates of obligation by local governments.), As Introduced HB1489 by Tepper (Relating to the issuance of certificates of obligation by local governments.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact There could be an impact on certain units of local government resulting from the limitations the bill would impose on those units' authority to issue certificates of obligation for certain purposes. Source Agencies: b > td > LBB Staff: b > td > JMc, MOc, CMA, DPE JMc, MOc, CMA, DPE